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 A key player in China and the EU's 'third industrial revolution' describes the economy of tomorrow

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PostSubject: A key player in China and the EU's 'third industrial revolution' describes the economy of tomorrow   Sun Jul 16, 2017 11:30 pm

Elena Holodny: Let's start with the basics. What is the third industrial revolution and what are the challenges we're looking at?

Jeremy Rifkin: Let me just put context on this first. What's really clear to all of us in the business community is that GDP is slowing everywhere. And the reason is productivity has been declining now for 15 or 20 years all over the world. So we've got very high unemployment, and it's structural. And it's compounded by real-time climate change -- that's really a game changer.

When we started looking at what to do about this in the EU about 18 years ago now, we started by asking, by saying, we clearly need a new economic vision in the world. And we need a game plan to deploy it very quickly to both move the economy forward and create the new businesses and jobs, and address climate change. It's a pretty big task. Pretty challenging.

https://au.finance.yahoo.com/news/key-player-china-eu-apos-071300016.html
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